Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: All

Propaganda.

Most leases are not drilled because 3D seismic has made clear there is nothing to be found there.

The world needs to wrap its mind around some truths:

1) It doesn’t matter if oil is biotic or abiotic. It only exists in certain places over 100 yrs of study have made clear. Empty wells are plugged and abandoned for a reason. If you knew it was going to refill, you would not plug it.

2) Shale happened because interest rates went to zero. Not high price or low price. Interest rates.

3) Shale oil is not the same as conventional oil. It has different % constituents of diesel and kerosene.

4) There is no law of the universe that says America will always have enough.


3 posted on 01/11/2024 10:03:56 AM PST by Owen (.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Owen

If there’s no usable oil to be found in those lands, then why do the Dims block drilling there?


4 posted on 01/11/2024 10:11:30 AM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson